NU E Power Corp. Announces Upcoming Appointment of Hon. Tony Clement to Board of Directors to Support Advanced Energy and SMR Strategy
NU E Power Corp (OTC: NUEPF) announced the expected appointment of the Hon.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
NU E Power Corp (OTC: NUEPF) announced the expected appointment of the Hon. Tony Clement to its board following the Annual General Meeting on December 18, 2025. Clement brings decades of federal and provincial senior government experience and recent public advocacy on nuclear innovation and Small Modular Reactors (SMRs).
The company said his expertise will support Nu E's expansion into advanced energy including grid-scale renewables, hybrid systems for data centres and SMR-enabled baseload generation, and strengthen governance, regulatory insight, and capital markets engagement as the company scales into large-format energy assets.
Positive
- Board appointment expected on December 18, 2025
- Adds decades of federal and provincial government experience
- Brings public advocacy and advisory background in SMR policy
- Company cites strengthened governance and regulatory insight
Negative
- None.
Details
News Market Reaction – NUEPF
On Dec 9, the day this news came out, NUEPF closed 7.28% below the previous close.
Data tracked by StockTitan Argus for the Dec 9 session.
Key Figures
- AGM date
- December 18, 2025
- Scheduled shareholder meeting for confirming Tony Clement’s board appointment
- Strategic horizon
- 2026
- Company referenced positioning as it heads into 2026
- Power assets acquired
- 500 MW
- Hybrid power development assets from ACT Mid Market Ltd
- Secured capacity
- over 1 GW
- Global portfolio capacity after ACT Mid Market acquisition
- Shares issued
- 11,000,000 shares
- Consideration for ACT Mid Market asset acquisition
- Warrants issued
- 10,000,000 warrants
- Part of ACT Mid Market acquisition consideration
- Contingent cash
- $300,000
- Conditional payment tied to minimum financing by Feb 28, 2026
- Private placement proceeds
- $150,000
- Non-brokered private placement closed on October 30, 2025
Historical Context
-
Planned appointment of Hon. Tony Clement to support SMR and energy strategy.
-
Closed ~500 MW asset acquisition and announced leadership and board changes.
-
Agreed to acquire 500 MW hybrid power and data-infrastructure assets globally.
-
Closed final tranche of non-brokered placement for working capital funding.
-
Closed Blu Dot Systems acquisition via all-share deal with resale restrictions.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
small modular reactor (smr) technical
baseload power technical
hybrid power systems technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Calgary, Alberta--(Newsfile Corp. - December 9, 2025) - NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) ("Nu E" or the "Company") is pleased to announce that the Honorable Tony Clement, former Canadian Cabinet Minister, is expected to be appointed to the Company's Board of Directors following its upcoming Annual General Meeting (AGM) to be held on December 18, 2025. Mr. Clement's appointment represents a significant strategic addition to Nu E as the Company continues to expand its focus beyond conventional renewable power into next-generation energy infrastructure, including nuclear power and Small Modular Reactor (SMR) applications that support resilient, low-carbon baseload power for data centers, industrial loads, and national grid modernization.
Strategic Energy & Nuclear Expertise
Mr. Clement brings decades of senior leadership experience across federal and provincial government, including serving as:
- Canada's Minister of Industry
- President of the Treasury Board
- Minister of Health
- Senior Minister in multiple Ontario government portfolios including Infrastructure, Environment, and Transportation
More recently, Mr. Clement has become an increasingly visible advocate for Canada's leadership in nuclear innovation, including active involvement in Small Modular Reactor (SMR) policy forums and advisory initiatives, where he has supported the development of:
- Distributed nuclear power for industrial and remote applications
- Clean baseload generation for advanced manufacturing and digital infrastructure
- Long-term decarbonization strategies aligned with national security and economic independence
Nu E views this expertise as highly complementary to the Company's development strategy across:
- Grid-scale renewable power
- Hybrid power systems for data centres and industrials
- Advanced nuclear and SMR-enabled infrastructure
- Baseload generation supporting compute, AI, and electrification growth
Governance, Policy & Capital Markets Impact
The Company believes Mr. Clement's appointment will materially strengthen:
- Board-level governance and institutional credibility
- Federal and provincial regulatory insight
- Infrastructure permitting and stakeholder strategy
- International development and sovereign-level engagement
- Capital markets confidence as Nu E scales into large-format energy assets
Broderick Gunning, Chief Executive Officer of NU E Power Corp., commented:
"We are extremely excited to welcome Tony Clement to our Board at this important stage in Nu E's growth. His experience at the highest levels of Canadian government, combined with his direct participation in nuclear and Small Modular Reactor initiatives, adds a powerful strategic dimension to our platform. As energy demand accelerates from AI, data centres, electrification, and industrial reshoring, clean baseload power—particularly SMRs—will play a defining role. Tony's leadership, governance background, and policy insight position Nu E to responsibly participate in that future as we head into 2026."
About NU E Power Corp.
NU E is a multi-stage power developer that converts land and grid access into institutional-grade energy assets. NU E develops next-generation power sites for the digital and global power economies. Combining renewables, grid, gas, nuclear and battery storage—NU E delivers scalable, reliable, and optimized energy sites.
Contact Information
For more information, please contact:
| Broderick Gunning, Chief Executive Officer E-mail: brodie@nu-ecorp.com | John Newman, Chief Financial Officer E-mail: john@nu-ecorp.com |
The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the timing of Mr. Clement's appointment and the perceived benefits of his appointment and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277394
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.